Oilfield Services Market 2025-2029
The oilfield services market is forecasted to grow by USD 42.5 billion during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the oilfield services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for oil and natural gas globally, increase in number of deep-water and ultra-deep-water drilling projects, and rise in unconventional oil and gas resources.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's oilfield services market is segmented as below:
By Application
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